Here’s how Naspers’ bankers executed the world’s largest block sale of Tencent shares without crashing Hong Kong’s market

Source: South China Morning PostA sleepless, white-knuckled night awaited bankers at Goldman Sachs, Morgan Stanley and Citigroup on April 7 after the Hong Kong stock market closed, as they checked in with colleagues half a world away on Zoom Video Communications’ conferencing software.

Over the next six-and-half hours late into the night, the Hong Kong-based bankers worked frantically with dealers in New York, Tokyo, London and San Francisco to match buy and sell orders in the world’s largest-ever block trade at HK$114.17…Read More

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